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HomeMy WebLinkAbout2009 Resolution No. 036• RESOLUTION NO . --1!t. SERIES OF 2009 A RESOLUTION APPROVING A SUPPLEMENT AL APP ROPRlA TION TO THE 2008 BUDGET AND TRANSFER BETWEEN FUNDS . WHEREAS . the Cit y of Englewood is requ ired by Cit y Chaner to en sure tha t expenditures do not exceed le ga ll y adopted appropriati ons; and WHEREAS, the 2008 Budget was submitt ed and ap proved by th e Englewood City Co uncil in October 2007; and WHEREAS , thi s supplement al appropri ation to th e 2008 Budget is due to tota l expenditures for the year not bein g full y known, until all expenditures are paid , which is often months after yea r-end and therefo re not appropriated at the time the 2008 Budget was prepared ; NOW, THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD , COLORADO, AS FOLLOWS : Section I. The Budget for the City of Englewood . Co lorado. is hereby amended for the year ending 2008 . as follow s: 2008 SUPPLEMENT AL APPROPRIA TJON • GENERAL FUND • S, •URCE OF FUN1.>S: Reimbursement -State Wildland Fires Pirates Cove Revenues Unreserved/Undesignatcd Fund Balance Total USE OF FUNDS: $ 65 ,000 $170 ,000 $ 55.700 $290,700 Human Reso urces Department-Lega l Expenditures $ 8.700 Fire Depanment-Wildland Fires Depl oym ent Overtime $ 65,000 Fire Department-Democratic Na ti onal Co nvent ion Ovenime $ 13 .000 Parks & Recreation-Emergency Boiler Repl ace ment at Pirat es Cove $ 40,000 Parks & Recreation-Gas and Electri c Expenditures Higher than expected $ 34,000 Parks & Recrea tion-Pirate s Cove Expenditures Based on Higher Attendance $130 000 Total Use of fund, $290 ,700 CA PITAL PROJECTS FUND SOlJRCE OF FUNDS : Unreserved/U ndesignated Fund Balance $ 75 ,000 USE OF FUNDS : Transfer to Public t-J1provement Fund S 75 ,000 PUBLIC IJ\IPRO\.EMENT FUND • SOURCE OF FUNDS : Transfer in from Ca pital Projects Fwid S 75.000 USE OF FUNDS : Unreserved/Undcsignated Fund Bal ance $ 75 ,000 DONORS FUND SOURCE OF FUNDS: Reserved Fund Balance-Police Department $ 95 ,000 USE OF FUNDS: Police Department -For Fox Street Station Roo f S 23 ,000 Police Department-lAFIS Fingerprint Equi pment $ 29,000 Police Department-Emergency Lighting Equipment S 17 ,000 Police Department-Juvenile Offender Management Software $ 24,000 Poli ce Department-Vict ims Assistance Program L.l,QQ9. Total S 95,000 COMMERCIAL JY;VOL VING LOAN F!Jlfil SOURCE OF FUNDS : Unreserved/Undesi gnated Fund Bal ance $30 ,212 • USE OF FUNDS: Grru,: to Micro Business Deve lop ment $30 ,212 SEWER FUND SOURCE OF FUNDS: Reta ined Earnings $775 ,000 USE OF FUNDS: Ca pitai Budgeted in 2007 completed in 2008 $775.000 CONCRETE lJTll.,JTY FUND SOURCE OF FUNDS : Retained Earnings $130 ,000 USE OF FUNDS : Capital Budgeted in 2007 completed in 2008 $130 ,000 CENTRAL SERVICES FUND SOURCE OF FUNnS: Billings to Departments S 20 ,000 • • • • USE OF HiNDS : Co st of goods so ld $20,000 Section 2. The Ci ty Manager and the Director of Finance and Administrat ive Services are hereby authorized to make th e above cha nge s to the 200 8 Budget fo r the City of Englewood. ADOPTED AND APPROVED thi s 20 , day of April , 2009. I, Loucrishia A. Ellis , City Clerk for Wr City of Englewood, above is a true copy of Resolution No . ,2/!2_, Seri es of2 9 . • • • COUNCIL COMMUNICATION Date : Agenda Item : Subject: April 20, 2009 11 Ci Resolution for year-en d supplemental appropriatio ns to the 2008 Budget and transfer between funds Initiated By: Finance and Administrative Services Department I Staff Source: Frank Gryglewicz, Director COUNCIL GOAL AND PREVIOUS cou~•CIL ACTION City Council has not discussed this supplemental or transfer specifically but ap proved the 2008 Budget and Appropriations Ord ina nces on final reading on October 19, 2007 . RECOMMENDED ACTION Staff recommends City Council approve the attached resolution ior a supplemental appropriation to the 2008 Budget for the following funds : GENERA! FUND; SOURCE OF FUNDS: Relmbursemont -State ildlan d Fires Pirates Co\-e Revenues Unreserved/Undesignated Fund Balance Total USE OF FUNDS : Human Resources Department-legal Expenditures Fire Department• Wllcii.,d Fires Deployment Overtime Fire Departm en t • Democr,1tic National Convention Ov erti me Parks & Recreation -Emergency Boller Replacement Parks & Recreation -Gas and Electric Expenditures Higher Than Expected Parks & Recrea tio n -Pirates Cove Expenditures Based on Higher Attendance Total Use of Funds CAPITAL fBQIEQS FUND ; SOURCE OF FUNDS : Unreserved/U ndesig nated Fund Balan ce USE OF FUNDS : Tra11sfer to Public lmprov ~ment Fund $65,000 $170,000 .lli.Zl!!! $290,700 $8,700 $65,000 $13,000 $40,000 $34,000 ...lliQ.llQQ $290,700 $75,000 $75,000 PUBLIC IMPROVEMENT FUND : • SOURCE Of FUND S: Transfer In From Capital Projects Fund S75,000 USE OF FU NDS : Unreserve:!/Unde signa 1e,: Fu nd Ba lance $75 ,000 DONORS FUND : SOURCE Of FUNDS: Reserved Fund Balance -Safety Services $95 ,000 USE OF FUNDS : Safety Services -Fox Street Station Roof S23 ,000 Safety Services -IAF IS Fingerprint Equipment S2 9.000 Safety Services -Emergency Ligh:ing Equ ipmen t 51 7,000 Safety Service s -Ju ve nile Offender Manageme nt Software S24 ,000 Safety Services -Vic tim s Assis tance Program --ll.QQQ Total 59 5,000 COMMERCIAL REVOLVING L~ SOURCE Of FUNDS : Unreserved/Undeslgnated Fund Balan ce $30,2 12 USE Of FUNDS: Grant to M icro Business r>e ve lopment SEWER FUND; S30,212 • SOURCE OF FUNDS : Retained Earnings S775,000 USE Of FUNDS: Capital Budgeted in 2007 Completed in 2006 57 75,000 CQNCRm UTJUTY FUND; SOURCE OF FUNDS : Retained Earnings $130,000 USE Of FUNDS : Capital Budgeted in 2007 Completed in 2006 $130,000 CENTRAL SERVICES FU ND: SOURCE OF FUNDS : Billings to Departm ent s S20,000 USE Of FUNDS: Cost of Goods Sold S20,000 ti • BACKGROUND, ANALYS IS , AND ALTERNATIVES IDENTIFIED Th e suppleme n tal appropria ti ons for 2008 are µresented ior Council 's considerati o n at th is tim e be cause to tal ex pe nditures fo r th e y ea r are often not full , known until all expenditure , ar e paid , w hich is o ft en months after year-end. The Genera l Fu nd incurred unexpected and unbudge ted expenditures for Fi re Department overti me, H uman Kes o urces ' legal expenditures, and Parks and Recrea tions expenditures ior an emerge ncy boiler repla c emen t, in c rease d en ergy expe.,ditures, an d in creased attendance at Pirat es Cove. Th e C3pital Pr ojects Fund is transferring $75,000 to the Public Improveme nt Fund (PIF ) l ,eca use revenues in the PIF fe ll short of es timates and w ith out the transfer the funr. bal ance would b e negati ve. The Donors Fund expended funds for Police-related expe nditures that we re no t included o r anticipated in the o riginal 2008 Budget. Th e Commercial Revolving Loan Fun d made a grant to Mic ro Bu siness Development in 2008 but the use of these funds was no t antic ipa ted and th erefore no t appropri ated at th e time th e 2008 Budget was prepared. The Sewer and Concrete Utility Funds completed capital projects in 2008 that w er e originall y budgeted in 2007. The appropriations lapsed so a supplemen tal appropriation is required. • The Central Services Fund's cos t of goods so ld w as high er than ex p ec ted fo r 2008 but will b e offset by interdepartmen tal billings. • FINANCIAL IMPACT Th e supplement appropriations w ere part of the 2008 Prop ose d Budget ,n th ere will not be an impac t o n th e Budget as approved by Co uncil. • The G eneral Fund 's 2008 unreserved/undesignated fund balance d ecreas ·: SSS,700. • Th e D o nors Fund 's reserved fund balar ce decreased by $95,000 for 2008 . • The Commercial Revolvin g Loan Fund ', 2008 ending unrese rved/undesignated fund balance dec rease d $30,212 • Th e Sewer Fund 's 2008 retai ned earn in gs de creased $775,000 • The Concrete Utility Fund 's reta in ed earni ngs are reduced S 130,0 UO • Th e Ce ntral Serv ices' 2008 c ost of goods so ld increas ed $20,000 b ut was offse t by ad ditio n al bi llings o r reve nues . LIST OF ATTACHMENTS Proposed Resol ution